guymcguyson4291 guymcguyson4291
  • 20-12-2022
  • Business
contestada

If the effective annual rate of interest is known to be 18% on a debt that has payments every two months, what is the annual percentage rate?
A. 12.03%
B. 20.43%
C. 16.78%
D. 15.68%

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